Commenting on an X post about the high speed of crypto adoption, Coinbase CEO Brian Armstrong said that several billion people will be using Bitcoin by 2030.
Armstrong was commenting on a post that shares the statistics from the recent BlackRock study. It says that crypto hit the 300 million users landmark in just 12 years. Allegedly, it is 43% quicker than a mobile phone adoption and 20% quicker than an Internet adoption.
Reposting this post, Armstrong added that the estimation may vary depending on what we see as the starting day of the Internet or mobile phone adoption, but he agrees with the overall direction of the BlackRock findings. Coinbase CEO concluded that by 2030, several billion people will be using Bitcoin.
BlackRock study
According to a BlackRock study released in January 2025, Bitcoin experienced rapid adoption, quickly attracting the attention of both individual and institutional investors. The study stresses the increasing relevance of Bitcoin in times when the general public loses trust in traditional financial institutions. More than that, the study outlines the global trend aimed at making digital money easier for the masses.
The study suggests it took 21 years for mobile phones to reach the 300 million users mark. The count begins with 1972, when the first cellular mobile phone was used. The same amount of users was reached by the Internet in 15 years, starting
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Author: Alexey Borovets
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